Flipkart

American retail major Walmart's acquisition of 77 percent stake in Flipkart is good for the retail industry and will create more job opportunities, said Atul Chaturvedi, Additional Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry."It's...

Flipkart India, the B2B arm of the e-commerce major, has halved its standalone losses to Rs 244.7 crore during the 2016-17 fiscal from Rs 544.5 crore in the previous year, according to regulatory documents.According to a PTI report: Flipkart...

The Confederation of All India Traders (CAIT) on Wednesday said that it will move the "appropriate authority" and take "legal recourse" against the Walmart-Flipkart deal.According to CAIT, its team of lawyers is studying the deal.The confederation has described the...

Private equity and venture capital investments in April were up 23 percent at US $2.4 billion, backed by large deals in sectors like e-commerce and life sciences, says an EY report.According to EY, there were 69 PE/VC deals in...

E-sellers' representative body AIOVA has urged the Government to set up a regulatory body to monitor various e-commerce marketplaces and their policies towards merchants on these platforms.All India Online Vendors Association (AIOVA) has re-iterated its demand in the wake...

The offer from the Bengaluru-headquartered company comes close on the heels of US-based retailer Walmart buying close to 77 percent stake for roughly US $16 billion.One of the sources close to PTI said Flipkart will allow employees — present...

The tax department will seek share purchase agreement from Flipkart on the mega US $16 billion buyout by US retail giant Walmart to assess the tax liability and also to find out whether the GAAR provisions can be invoked,...

World’s largest retailer Walmart Inc has tried to assuage concerns around its US $16 billion takeover of Flipkart, saying the deal is good for the country as it will help create millions of jobs over time and help the...

The Confederation of All India Traders (CAIT) on Thursday said that it might approach the Competition Commission of India (CCI) to seek "a ban" on the Walmart-Flipkart deal after studying the metrics of the agreement.CAIT Secretary General Praveen Khandelwal...